Posts filtered by tags: Funding[x]


 

Bio Roundup: ASCO Opens, Merck Takes On COVID, Evofem’s Approval & More

A year ago about 40,000 people gathered in Chicago for the annual meeting of the American Society of Clinical Oncology. Today a virtual version of the ASCO conference, the cancer field’s largest, kicks off, with oncologists and others tuning in from throughout the country and around the world to check out the latest in cancer research.ASCO 2020 won’t be the Windy City gathering it usually is, but drug and diagnostics developers are still raring to share fresh data from their efforts in cancer i...
Tags: Startups, Ipo, Funding, Trends, Merck, Chicago, Alzheimer's Disease, Incubator, Stem Cells, Venture Capital, Machine Learning, Fda, National, Contraception, GlaxoSmithKline, Ai


What is a cap table? [Whiteboard Friday]

The current capital structure of the startup is called a cap table. It contains details of various stakeholders and their holdings alongwith the type of instrument they hold.It gives a clear and crisp picture of all investments made in the startup from date of incorporation till date. An authoritative piece of information that is referenced during a fund raising exercise. The current episode of eLagaan Whiteboard Friday helps to explain the concept of cap table and how you can go about prepar...
Tags: Business, Funding, Startup, NextBigWhat, Legal Resources, eLagaan


BeeHero smartens up hives to provide ‘pollination as a service’ with $4M seed round

Vast monoculture farms outstripped the ability of bee populations to pollinate them naturally long ago, but the techniques that have arisen to fill that gap are neither precise nor modern. Israeli startup BeeHero aims to change that by treating hives both as living things and IoT devices, tracking health and pollination progress practically in real time. It just raised a $4 million seed round that should help expand its operations into U.S. agriculture. Honeybees are used around the world to pol...
Tags: Fundings & Exits, Startups, TC, Gadgets, Hardware, California, Funding, Tech, Bees, Agriculture, South America, GreenTech, Colony, Apiculture, Recent Funding, Davidi


Storage marketplace Warehouse Exchange raises $2.2M

Warehouse Exchange, a startup that describes itself as the Airbnb of warehouse space, has raised $2.2 million in seed funding. The company was founded Jonathan Rosenthal (CEO of Saybrook Management) and Dan Pimentel (previously CFO/COO of startup Hub TV). They recently brought on former eHarmony CEO Grant Langston as the Warehouse Exchange’s chief executive. Langston admitted that his new job might sound pretty different from running an online dating company, but he said that in both cases, it’s...
Tags: Fundings & Exits, Startups, Ecommerce, Funding, Tech, Grant Langston, Langston, Dan Pimentel, Warehouse Exchange, Jonathan Rosenthal, Saybrook Management, Warehouse Exchange Langston, Xebec Realty Langston


Truthset raises $4.75M to help marketers score their data

Data, the cliche goes, is the new oil of the digital economy. But Truth{set} co-founder and CEO Scott McKinley wants to know: “Why does no one care about the quality of that fuel?” That’s an issue McKinley saw in his seven years as an executive at Nielsen, where he said he realized that most marketing data products are “all built on massive error.” As evidence, he pointed to recent studies showing that bad data leads marketers to waste 21 cents of every dollar, and that in many cases, consumer d...
Tags: Fundings & Exits, Startups, TC, Advertising Tech, Funding, Tech, Nielsen, McKinley, Krux, Superset, Truthset, Scott McKinley, WTI Ulu Ventures, Facebook LiveRamp


Cookware startup Caraway raises $5.3M as it eyes new product categories

Caraway, a direct-to-consumer startup selling ceramic pots and pans, is announcing that it has raised $5.3 million in seed funding. Founder and CEO Jordan Nathan (previously a brand manager at e-commerce holding company Mohawk Group) told me that he became interested in cookware after burning a Teflon pan and learned more about the dangers of Teflon poisoning. In fact, although nonstick materials like Teflon are used most of the cookware sold in the United States, it turns out that that there ar...
Tags: Travel, Fundings & Exits, Startups, TC, Ecommerce, Instagram, Funding, United States, 3m, Dunn, Nathan, Le Creuset, Nik Sharma, Henry Davis, Jordan Nathan, Caraway


Video news startup Stringr raises $5.75M from Thomson Reuters and others

Stringr, a video-focused startup that says it can help news organizations adapt to the challenges of COVID-19, is announcing that it’s raised $5.75 million in new funding. When I wrote about the the company at the end of 2015, it was creating a marketplace that connected news organizations with videographers who could provide them with news footage. Since then, co-founder and CEO Lindsay Stewart (a former TV news producer herself) told me the network has grown to more than 100,000 videographers....
Tags: Fundings & Exits, Startups, Europe, Media, Funding, Tech, United States, United Kingdom, MGM, Thomson Reuters, Reuters, Stewart, Stringr, Lindsay Stewart, COVID, Embed Studios


Wasabi announces $30M Series B as cloud storage business continues to grow

We may be in the thick of a pandemic with all of the economic fallout that comes from that, but certain aspects of technology don’t change no matter the external factors. Storage is one of them. In fact, we are generating more digital stuff than ever, and Wasabi, a Boston-based startup that has figured out a way to drive down the cost of cloud storage is benefiting from that. Today it announced a $30 million Series B led led by Forestay Capital, the technology innovation arm of Waypoint Capital ...
Tags: Startups, TC, Cloud, Storage, Enterprise, Cloud Storage, Boston, Funding, David Friend, Wasabi, Waypoint Capital, Boston startups, Forestay Capital, COVID


Wasabi announces $30M in debt financing as cloud storage business continues to grow

We may be in the thick of a pandemic with all of the economic fallout that comes from that, but certain aspects of technology don’t change no matter the external factors. Storage is one of them. In fact, we are generating more digital stuff than ever, and Wasabi, a Boston-based startup that has figured out a way to drive down the cost of cloud storage is benefiting from that. Today it announced a $30 million debt financing round led led by Forestay Capital, the technology innovation arm of Waypo...
Tags: Startups, TC, Cloud, Storage, Enterprise, Cloud Storage, Boston, Funding, Tech, David Friend, Wasabi, Waypoint Capital, Boston startups, Forestay Capital, COVID


LeverEdge wants to get you and your friends a volume discount on student loans

Student loans are both a trillion-dollar debt category and also one of the most popular mini-verticals out there in fintech startup investing right now. There are dozens if not hundreds of companies in the space, and they all mostly do one of two things: either they help students think through their student loan options before choosing one (acting as a financial advisor to avoid mistakes) or they help students after they finish school figure out how to optimize their repayments or acquire loan f...
Tags: Fundings & Exits, Startups, Facebook, Finance, Funding, Tech, Debt, Earnest, Harvard, Student Loans, SoFi, Global Founders Capital, Agarwal, HBS, Harvard Business School, NFX


Toro snags $4M seed investment to monitor data quality

Toro’s founders started at Uber helping monitor the data quality in the company’s vast data catalogs, and they wanted to put that experience to work for a more general audience. Today, the company announced a $4 million seed round. The round was co-led by Costanoa Ventures and Point72 Ventures with help from a number of individual investors. Company co-founder and CEO Kyle Kirwin says the startup wanted to bring the kind of automated monitoring we have in applications performance monitoring p...
Tags: Startups, TC, Enterprise, Funding, Tech, Toro, Data Quality, Casey Aylward, Costanoa Ventures, Kirwin, Kyle Kirwin, Data Monitoring, Toro Data


Census raises $4.3M seed to put product info in cloud data warehouses to work

Companies spend inordinate amounts of time and money building data warehouses and moving data from enterprise applications. But once they get the data in, how do they get specific information like product data back out and distribute it to business operations, who can use it to better understand customers? That’s where Census comes in. It builds a layer on top of the data warehouse that makes it easy for the data team to distribute product data it where it’s needed. The company announced a $4.3 ...
Tags: Startups, TC, Cloud, Enterprise, Funding, Tech, Andreessen Horowitz, Data Management, Data Warehouses, David Ulevitch, Census Data, Boris Jabes, Jabes


AI is more data-hungry than ever, and DefinedCrowd raises $50M B round to feed it

As AI has grown from niche to mission-critical technology, the companies that enable it have multiplied and in many cases prospered. A good example of that success is DefinedCrowd, which has gone from the Disrupt stage to globe-spanning AI toolkit to the Fortune 500 in just a couple of years. The company just raised a new $50.5 million B round to further fuel its expansion. DefinedCrowd doesn’t make AI, but rather supplies data used to create it, specializing in natural language processing. A...
Tags: Startups, Funding, Tech, Artificial Intelligence, Machine Learning, Braga, DefinedCrowd, Hermes GPE, Daniela Braga, Recent Funding, Semapa Next


Baton raises $10M Series A to organize post-sale implementation

Baton, an early-stage startup that wants to help customers organize the post-sales implementation process, emerged from stealth today with a $10 million Series A investment. Activant Capital led the round with help from Global Founders Capital and Hybris founder Carsten Thoma. Like so many startups, the idea for Baton stemmed from a pain point that founder and CEO Alex Krug experienced first hand. He was co-founder at Behance, which was later sold to Adobe and he saw that there were tools to ...
Tags: Startups, TC, Cloud, Enterprise, Funding, Tech, Global Founders Capital, McCoy, Behance, Krug, Baton, Activant Capital, Peter McCoy, Carsten Thoma Like, Alex Krug


Statespace, the platform that trains gamers, raises $15 million

Statespace has today raised a $15 million Series A financing round led by Khosla, with partner Samir Kaul joining the board. Existing investors, such as FirstMark Capital, Lux and Expa, also participated in the round, as well as newcomer June Fund. Statespace launched out of stealth in 2017 with a product called Aim Lab, which recreates the physics of popular FPS games to help players practice their aim and work on their weaknesses. Statespace was founded by neuroscientists from New York Univ...
Tags: Startups, TC, Gaming, Entertainment, Funding, Sports, NFL, Tech, Academy, Khosla, New York University, Samir Kaul, Statespace, Recent Funding, FirstMark Capital Lux, June Fund Statespace


Understanding investment ecosystem [Whiteboard Friday]

[…] More The post Understanding investment ecosystem [Whiteboard Friday] appeared first on NextBigWhat.
Tags: Business, Funding, Startup, NextBigWhat, Legal Resources, eLagaan


KKR to invest $1.5 billion in India’s Reliance Jio Platforms

Mukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major investment the top Indian telecom operator has secured in just as many weeks. On Friday, KKR announced it will invest $1.5 billion in the top Indian telecom operator, a subsidiary of India’s most valued firm (Reliance Industries), joining fellow American investors Facebook, Silver Lake, Vista Equity Partners, and General Atlantic that have made similar bets on the Ind...
Tags: Facebook, Apps, Asia, India, Funding, Tech, Companies, Atlantic, United States, Asia Pacific, KKR, General Atlantic, Silver Lake, Shah Rukh Khan, Reliance, Reliance Jio


Magic Leap has apparently raised another $350 million, in spite of itself

Magic Leap has reportedly received a $350 million lifeline, a month after slashing 1,000 jobs and dropping its consumer business. Noted by Business Insider and confirmed by The Information, CEO Rony Abovitz sent a note to staff announcing the funding, courtesy of unnamed current and new investors. The who — and more importantly, why — isn’t clear. A key healthcare company may be involved. Whatever the case, the company is withdrawing the WARN notice (a 60-day notification for large-scale lay...
Tags: Hardware, Microsoft, Funding, Tech, Augmented Reality, Magic Leap, Rony Abovitz, HoloLens Magic Leap, Abovitz


Beware mega-unicorn paper valuations

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. There’s a famous old post going around Twitter this week by entrepreneur and developer David Heinemeier Hansson (@DHH). DHH is a critic of certain elements of the startup world, especially wild valuations. This entry from him is, in my view, a classic of the genre. The post in question is titled “Facebook is not worth $33,000,000,000,” and was written back in 2010. You can alrea...
Tags: Fundings & Exits, Startups, TC, Facebook, Uber, Twitter, Softbank, Funding, Tech, Fundraising, Venture Capital, Private Equity, Airbnb, Toyota, WeWork, Unicorns


RapidAPI raises $25M more to expand its API marketplace

Less than a year after raising $25M led by Microsoft for its take on building API marketplaces, RapidAPI has rapidly followed that up with another infusion of capital as it reaches 20,000 APIs tracked, integrated, and used across its marketplace by millions of developers. Today the startup is announcing that it raised another $25 million from existing investors Andreessen Horowitz, DNS Capital, Green Bay Ventures, M12 (Microsoft’s Venture Fund), and Grove. This is a second closing of RapidAPI’s ...
Tags: Startups, TC, Microsoft, Developer, Funding, Israel, San Francisco, Tech, Andreessen Horowitz, Api, Sdk, Gino, Rapidapi, Recent Funding, DNS Capital Green Bay Ventures, Iddo Gino


Spruce is eliminating the drudgery of real estate, and has $29M more from Scale to make sales easy

Real estate is one of those classic industries we always talk about in Silicon Valley: multi-trillion dollars in scale in terms of assets and transaction volume, but still relying on good ole’ pen and paper to get anything actually done. A huge number of companies have launched to digitize all aspects of real estate, from calculating valuations to monitoring operational costs and underwriting mortgages. Where top VCs are investing in real estate and proptech (Part 1 of 2)   One of those ...
Tags: Fundings & Exits, Startups, Real Estate, Finance, Funding, New York City, Tech, Silicon Valley, Mortgage, Bessemer, Burns, Scale Venture Partners, Spruce, New York Texas, Patrick Burns, Home Sales


Chief, the leadership network for women, raises $15 million in funding

Chief, the social network dedicated exclusively to women in professional leadership positions, announced today that it has $15 million in funding from its existing investors, including General Catalyst, Inspired Capital, GGV Capital, Primary Venture Partners, Flybridge Capital and BoxGroup. The startup is a highly-vetted network of women who are leaders in their business, either managing a budget, a large team or both. The women are often at the VP or executive level. The company has more than 2...
Tags: Social, Startups, TC, Funding, Tech, Chicago, New York Times, Gm, General Catalyst, Ggv Capital, Chief, New York Los Angeles, Kaplan, Childers, Primary Venture Partners, Lindsay Kaplan


On-demand storage startup MakeSpace picks up another $55M

Sheltering-in-place and working from home curing COVID-19 has driven many of us to reorganize and de-clutter our living environments, and today one of the startups that is capitalizing on that trend is announcing a large round of funding to continue its growth. MakeSpace, an on-demand storage company that makes it easy to order, store and retrieve your physical belongings (also providing the muscle — that is, people — to help you do it), has closed a $55 million round of equity funding led by Ir...
Tags: Startups, TC, Storage, Collaborative Consumption, Softbank, Funding, Tech, Netflix, Venture Capital, North America, On-demand, Gandhi, Rahul Gandhi, Makespace, Recent Funding, Deirdre Evens


Automattic pumps $4.6M into New Vector to help grow Matrix, an open, decentralized comms ecosystem

Automattic, the open source force behind WordPress .com, WooCommerce, Longreads, Simplenote and Tumblr, has made a $4.6M strategic investment into New Vector — the creators of an open, decentralized communications standard called Matrix. They also develop a Slack rival (Riot) which runs on Matrix. The investment by Automattic, which is at a higher valuation than the last tranche New Vector took in, extends an $8.5M Series A last year, from enterprise tech specialists Notion Capital and D...
Tags: Security, TC, Facebook, Europe, Microsoft, Privacy, France, Germany, Funding, Wordpress, Tech, Pgp, Mozilla, Hodgson, Tumblr, Wikimedia


$100,000 Department of Defense Human Performance Investment Challenge

Soft Exosuit from Harvard Biodesign Lab Capital Factory is pleased to announce the $100,000 Human Performance Investment Challenge focused on startups whose technologies leverage hardware and/or software solutions to enhance physical or cognitive capabilities. The Investment challenge will occur on July 15, at the first annual Fed Supernova which will be a fully virtual experience in partnership with the Army Futures Command’s Innovation Combine and xTechSearch programs. This first-of-its-kin...
Tags: Startups, Texas, Entrepreneurship, Funding, Defense, Startup, Investment, Austin, Booz Allen Hamilton, Fed, National Geospatial Intelligence Agency, Capital Factory, Austin Startups, Epic Office Hours, Army Futures Command, Capital Factory Center


BetterCloud scores $75M Series F as SaaS management needs grow

BetterCloud gives IT visibility into its SaaS tools providing the means to discover, manage and secure those tools. In the middle of a crisis that has forced most companies to move workers home, being able to manage SaaS usage in this way is growing increasingly significant. Today the company announced a $75 million Series F. Warburg Pincus led the way with participation from existing investors Bain Capital Ventures, Accel, Greycroft Partners, Flybridge Capital Partners, New Amsterdam Growth ...
Tags: Startups, TC, Cloud, Enterprise, Funding, Tech, SaaS, Warburg Pincus, Politis, David Politis, BetterCloud, SaaS management tools, Box Dropbox Salesforce Zendesk


FireHydrant lands $8M Series A for disaster management tool

When I spoke to Robert Ross, CEO and co-founder at FireHydrant last week, we had a technology adventure. First the audio wasn’t working correctly on Zoom, then Google Meet. Finally we used cell phones to complete the interview. It was like a case study in what FireHydrant is designed to do — help companies manage incidents and recover more quickly when things go wrong with their services. Today the company announced an $8 million Series A from Menlo Ventures and Work-Bench. That brings the...
Tags: Google, Startups, TC, Enterprise, Developer, Funding, Tech, SaaS, Disaster Recovery, Ross, Matt Murphy, Menlo Ventures, Jira, Murphy, Robert Ross, Work-Bench


Bevy.com raises $15M to power virtual events and community

This might seem like the worst time to be building an event software business, but it seems to be working for Bevy.com, which just announced that it has raised $15 million in Series B funding. Co-founder and CEO Derek Andersen explained that the company had already started moving into virtual events when the conference business ground to a halt thanks to the COVID-19 pandemic. And it’s seen demand explode in the last few months. For example, he pointed to how Duolingo has used the platform to...
Tags: Fundings & Exits, Startups, Funding, Tech, Morocco, New Zealand, Brazil, Duolingo, Accel, Ryan Smith, Bevy, Andersen, Ryan Sweeney, Wuhan China, Startup Grind, Derek Andersen


General Atlantic to invest $870M in India’s Reliance Jio Platforms

Mukesh Ambani’s Jio Platforms has agreed to sell 1.34% stake to General Atlantic, the latest in a series of deals the top Indian telecom operator has secured in recent weeks. On Sunday, New York-headquartered private equity firm General Atlantic said it would invest $869.8 million in the Indian telecom operator, a subsidiary of India’s most valued firm (Reliance Industries), joining Facebook, Silver Lake, and Vista Equity Partners that have also made sizeable bets on the three-and-a-hal...
Tags: TC, Facebook, Asia, New York, India, Funding, Tech, Vista, Atlantic, General Atlantic, Silver Lake, Bangalore, Reliance, Reliance Jio, Reliance Industries, Vista Equity Partners


CHANGES AT SPUTNIK ATX

Changes at Sputnik ATX We’re adding more follow-on funding, and here’s how our interview process and classes will look during the pandemic. Oksana and I had more than just a few meetings in the past few months to discuss how the current pandemic will change investing in early stage companies, and how we can adapt to help companies be safe, and grow through hard times.So, we’re announcing today that we’re open for our next cohort applications, and have a couple of things you should know:It is ...
Tags: Startups, Business, Texas, Funding, Startup, Austin, Sputnik, Atx, Oksana, Austin Startups, Venture-capital